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Can I exchange a single property for multiple properties or vice versa?

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Can I exchange a single property for multiple properties or vice versa?

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Yes. You can diversify your investments from a single property to two or more Replacement properties. For example, you can exchange a farm for a medical building and an apartment building and a vacation condo that you rent out. You can also consolidate your smaller properties into a single, more manageable property. For example, you can exchange several single family rental properties into one larger apartment building. This consolidation may allow you to use on site management and reduce the burdens of being a landlord.

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